Weak Economy Continues to Impact Swedish Public Finances

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Weak Economy Continues to Impact Swedish Public Finances
Photo: Oscar Olsson/TT

The financial savings in the public sector are nonetheless strengthened by 6 billion kronor this year to a deficit of 90 billion kronor.

"It is the municipal sector that accounts for the reinforcement as a result of lower pension costs, while the savings deteriorate in the state", says Ann-Sofie Öberg, deputy forecast manager at ESV in a press release.

The agency writes that the structural savings are at the limit for a clear deviation.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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